Notcoin Prediction, NOT Coin Price Throughout 2024

Bittime - As Notcoin (NOT) prepares for its trading debut, excitement about its price potential is growing. Originally a popular game on Telegram, Notcoin has evolved into a community token that rewards user engagement in the web3 space.

Its integration with Binance Launchpool and Telegram significantly raised its profile, sparking curiosity about its future value in the rapidly growing cryptocurrency market.

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This comprehensive analysis of Notcoin (NOT) price prediction will explore its tokenomics, compare it to other play-to-earn cryptocurrencies, and consider its future developments. The goal is to provide a comprehensive overview of Notcoin’s market potential and investment prospects.

What is Notcoin (NOT)?

Notcoin is a play-to-earn game available on Telegram, where users earn Notcoin cryptocurrency by interacting with mini-apps. This easy-to-access game allows anyone with a Telegram account to start earning Notcoin without the complexities usually associated with cryptocurrency transactions, such as setting up a wallet or navigating exchanges.

The game’s simple mechanics—tapping virtual coins to mine Notcoin—and referral bonuses have contributed to its rapid growth. With 35 million players and a peak of six million daily active users, Notcoin has leveraged Telegram’s platform effectively, choosing the TON blockchain for seamless integration and user experience. 

This allows Telegram users to potentially own their TON wallet without any complicated technical steps.

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Tokenomics: Supply, Distribution, and Value

Supply and Distribution Dynamics

Tokenomics, the study of the economic structure of cryptocurrencies, is essential to understanding their potential market behavior. Notcoin's tokenomics involves analyzing its supply and distribution and how these factors affect its value.

- Total dan Pasokan yang Beredar: Total pasokan Notcoin adalah tetap, menciptakan kelangkaan yang mirip dengan logam mulia seperti emas. Pasokan tetap ini diharapkan menambah nilai seiring meningkatnya permintaan. Pasokan yang beredar, yaitu token yang tersedia untuk diperdagangkan, mempengaruhi likuiditas dan volatilitas harga.

- Mekanisme Inflasi dan Deflasi: Notcoin dapat meningkatkan pasokan tokennya melalui hadiah penambangan atau staking. Sebaliknya, ia menggunakan mekanisme pembakaran untuk secara berkala menghapus token dari peredaran, bertujuan menciptakan efek deflasi yang dapat meningkatkan nilai token.

- Strategi Distribusi: Distribusi awal Notcoin direncanakan dengan hati-hati untuk mencegah manipulasi pasar. Token dialokasikan untuk investor awal, pengembang, dan insentif komunitas, memastikan penyebaran yang terdesentralisasi. Periode vesting diterapkan untuk mencegah investor awal mengacaukan pasar dengan menjual token secara besar-besaran.

- Kapitalisasi Pasar: Kapitalisasi pasar Notcoin dihitung dengan mengalikan pasokan yang beredar dengan harga pasar saat ini, memberikan gambaran tentang nilai pasarnya. Kapitalisasi pasar yang sepenuhnya terdilusi mempertimbangkan total pasokan dan menawarkan visi kapitalisasi pasar masa depan di bawah distribusi token penuh.

- Utilitas dan Tata Kelola: Utilitas Notcoin dalam ekosistemnya, seperti biaya transaksi dan tata kelola, meningkatkan permintaan. Pemegang token dapat memberikan suara pada keputusan penting, menyelaraskan insentif mereka dengan kesuksesan jangka panjang proyek.

Pendekatan Notcoin memastikan distribusi yang luas, menyebarkan lapisan tipis koin (~0,0003% rata-rata alokasi penambang) di seluruh 34 juta pengguna, berbeda dengan konsentrasi kepemilikan awal Bitcoin.

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Debut Launchpool di Binance

Pengenalan Notcoin sebagai proyek ke-54 di Binance Launchpool menandai tonggak penting, menyoroti potensinya dalam ekosistem cryptocurrency. Mekanisme penambangan tap-to-earn yang unik dari proyek ini menawarkan titik masuk baru ke web3, menarik basis pengguna yang beragam.

Pengumuman Binance bahwa pengguna dapat staking BNB dan FDUSD untuk memperoleh token NOT selama tiga hari mulai 13 Mei 2024, menambahkan urgensi dan eksklusivitas, memicu minat. Pada 16 Mei 2024, Binance mencatat Notcoin dengan beberapa pasangan perdagangan, termasuk NOT/BTC dan NOT/USDT, yang secara strategis diberi label “Seed Tag” untuk menunjukkan tahap pengembangan awal dan potensi volatilitas.

Hadiah didistribusikan secara adil, dengan 85% dialokasikan untuk staker BNB dan 15% untuk staker FDUSD. Total token NOT yang didistribusikan melalui Launchpool berjumlah 3.081.576.651 NOT, mewakili 3% dari total pasokan maksimum token. Debut ini membentuk fondasi yang kuat untuk pertumbuhan masa depan Notcoin dan integrasinya ke dalam pasar crypto yang lebih luas.

Notcoin (NOT) Price Prediction in 2024

After listing on Binance, Notcoin (NOT) is predicted to experience a surge in market capitalization. It is projected that the market capitalization range will reach between $800 million (Rp. 13.12 trillion) to $1.6 billion (Rp. 26.24 trillion).  

This suggests an approximate price range of between $0.008 (Rp 131.2) to $0.016 (Rp 262.4) per NOT token. Optimistically, if Notcoin follows the successful path of projects like MEME and PEPE, the price of the NOT token could reach $0.03 (Rp 487.2) by the end of 2024.

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Comparative Analysis: Notcoin vs. Other Play-to-Earn Cryptos

Tap-2-Earn Game Mechanics and Earning Potential

Notcoin’s unique integration into Telegram and Tap-2-Earn mechanism offers a more accessible entry point compared to traditional P2E games like Axie Infinity (AXS), which require complex strategies and investments.

Community Engagement and Notcoin Growth

Notcoin’s rapid growth, with over 650,000 players in a few months, is outpacing many traditional GameFi projects. Its zero entry cost and viral word-of-mouth marketing on Telegram contrast with the heavy marketing investment of other cryptocurrencies.

Real World Utility and Tokenomics of Notcoin

Currently, Notcoin does not exist on any blockchain and has no real-world value, unlike other P2E cryptocurrencies with real economic models such as Axie Infinity's SLP token. 

The Notcoin model is evolving, with potential for blockchain integration in the future.

Notcoin Market Presence and Support

Support from major platforms like Binance and integration with the TON blockchain signal growing market acceptance and potential, aligning Notcoin with other successful cryptocurrencies that benefit from strong exchange support.

Conclusion

This in-depth exploration of Notcoin (NOT) highlights its unique ecosystem, economic model, and strategic utility within Telegram. Examining its market potential, tokenomics, and comparative advantages, this analysis provides a comprehensive understanding of Notcoin’s speculative future.

The coming years promise significant developments for Notcoin, from improved Telegram integration to new economic mechanisms. As the cryptocurrency market evolves, Notcoin exemplifies the innovative possibilities at the intersection of gaming and finance, offering exciting opportunities for investors and users alike.

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